Max Financial Services Limited (NSE:MFSL)
1,669.30
-18.90 (-1.12%)
Jun 19, 2026, 3:29 PM IST
Max Financial Services Stock Forecast
Stock Price Forecast
According to 26 analysts polled by S&P Global, Max Financial Services stock has a consensus rating of "Strong Buy" and an average price target of ₹2,067. The average 1-year stock price forecast is 23.82% higher than the current stock price, while the lowest is ₹1,765 (+5.73%) and the highest is ₹2,725 (+63.24%).
Price Target: ₹2,067 (+23.82%)
Analyst Consensus: Strong Buy
* Price targets were last updated on May 13, 2026.
Analyst Ratings
The average analyst rating for Max Financial Services stock is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Dec '25 | Jan '26 | Feb '26 | Mar '26 | Apr '26 | May '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 15 | 16 | 17 | 18 | 19 | 19 |
| Buy | 7 | 7 | 7 | 7 | 6 | 6 |
| Hold | 1 | 1 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 23 | 24 | 24 | 25 | 25 | 25 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| J.P. Morgan | J.P. Morgan | Buy Maintains ₹2,160 | Buy | Maintains | ₹2,160 | +29.40% | May 13, 2026 |
Financial Forecast
Revenue This Year
599.66B
from 476.96B
Increased by 25.72%
Revenue Next Year
697.73B
from 599.66B
Increased by 16.35%
EPS This Year
13.12
from 2.39
Increased by 449.46%
EPS Next Year
15.93
from 13.12
Increased by 21.39%
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is INR.
Revenue Forecast
| Revenue | 2027 | 2028 | 2029 |
|---|---|---|---|
| High | 713.7B | ||
| Avg | 599.7B | ||
| Low | 452.7B |
Revenue Growth
| Revenue Growth | 2027 | 2028 | 2029 |
|---|---|---|---|
| High | 49.6% | ||
| Avg | 25.7% | ||
| Low | -5.1% |
EPS Forecast
| EPS | 2027 | 2028 | 2029 |
|---|---|---|---|
| High | 17.40 | ||
| Avg | 13.12 | ||
| Low | 8.30 |
EPS Growth
| EPS Growth | 2027 | 2028 | 2029 |
|---|---|---|---|
| High | 628.7% | ||
| Avg | 449.5% | ||
| Low | 247.6% |